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Article: Board of Al Ahlia Insurance Co. recommends shareholders to approve a cash dividend of 50%.
- Article from:
- Albawaba.com
- Article date:
- March 4, 2009
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Summary: The Board of Al Ahlia Insurance Co. recommended its shareholders to approve a cash dividend of 50% and a bonus share issue of 1 share for every 10 held (10%). Al Ahlia Insurance is a subsidiary of DAMAC Holding and one of the oldest public shareholding companies providing all classes of insurance in Bahrain. Al Ahlia Insurance registered a 24 percent growth in gross premium for the fiscal year 2008 compared to the fiscal year 2007. Al Ahlia Insurance Co. is a shareholding company listed in the Bahrain Stock Exchange.
Board of Al Ahlia Insurance Co. recommends shareholders to approve a cash dividend of 50%
Board also suggests a bonus share issue ...